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Calculate the following: 1. Current ratio(x.xx) 2. Total Assets (xx,xxx,xxx) 3. Debt-equity ratio(xx%) 4. What is the Net Worth of the company (xx,xxx,xxx) 5. What
Calculate the following: 1. Current ratio(x.xx) 2. Total Assets (xx,xxx,xxx) 3. Debt-equity ratio(xx%) 4. What is the Net Worth of the company (xx,xxx,xxx) 5. What were the Total Revenues(xx,xxx,xxx) 6. What was the Net Income (xxx,xxx) 7. How much does the company owe (x,xxx,xxx) 8. Net Working Capital (x,xxx,xxx)
9. What was the total contribution margin as a % of sales (xx%)
10. What was the Return on Equity (Investment) (xx.x%)
The Okla Motel operated for several years before you became the new manager. To better understand the financial situation, you are to examine the financial statements for the year just ended (20X4) and perform ratio analysis. The motel's balance sheet and condensed income statement are below: Balance Sheet December 31, 20X4 Assets Current Assets Cash $ 45,000 Accounts Receivable 100,000 Inventories 5.000 Total Current Assets 150,000 Property and Equipment Land 110,000 Building (net) 1,300,000 Furniture and Equipment (net) 80.000 Total Property and Equipment 1.490.000 Total Assets $11.640.000 $ 160,000 90,000 80.000 330.000 Liabilities and Owner's Equity Current Liabilities Long-term Liabilities Note from Owner Mortgage Payable Total Liabilities Owner's Equity Common Stock Retained Eamings Total Owner's Equity Total Liabilities and Owner's Equity Condensed Income Statement For the year ended December 31, 20X4 900.000 410.000 1.310.000 $1.640.000 Sales Cost of Goods Sold Operating Expenses Contribution Margin Undistributed Operating Expenses Income before Fixed Charges Interest Other Fixed Charges Income before Taxes Income Tax Net Income $1,800,000 300,000 900.000 600,000 125.000 475,000 220,000 162.000 93,000 18.600 74.000
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